W.W. Grainger, Inc. $GWW Shares Acquired by Dorsey Wright & Associates

Dorsey Wright & Associates boosted its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 5.1% in the second quarter, HoldingsChannel.com reports. The firm owned 4,687 shares of the industrial products company’s stock after acquiring an additional 228 shares during the period. W.W. Grainger accounts for approximately 1.2% of Dorsey Wright & Associates’ investment portfolio, making the stock its 29th biggest holding. Dorsey Wright & Associates’ holdings in W.W. Grainger were worth $4,876,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in shares of W.W. Grainger in the 1st quarter valued at about $25,000. Hilltop National Bank bought a new position in W.W. Grainger in the second quarter worth about $25,000. Quaker Wealth Management LLC lifted its holdings in W.W. Grainger by 196.0% in the second quarter. Quaker Wealth Management LLC now owns 24 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 49 shares during the last quarter. Brown Lisle Cummings Inc. boosted its stake in W.W. Grainger by 316.7% in the second quarter. Brown Lisle Cummings Inc. now owns 25 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 19 shares during the period. Finally, Nova Wealth Management Inc. bought a new position in shares of W.W. Grainger during the first quarter valued at approximately $28,000. 80.70% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $992.86, for a total value of $496,430.00. Following the completion of the transaction, the senior vice president directly owned 1,771 shares in the company, valued at $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Stock Down 0.5%

Shares of W.W. Grainger stock opened at $918.70 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.82 and a quick ratio of 1.64. W.W. Grainger, Inc. has a 1-year low of $893.99 and a 1-year high of $1,227.44. The business’s fifty day moving average price is $963.39 and its two-hundred day moving average price is $1,010.28. The company has a market capitalization of $43.68 billion, a P/E ratio of 23.31, a PEG ratio of 2.79 and a beta of 1.17.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Friday, October 31st. The industrial products company reported $10.21 EPS for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a return on equity of 49.63% and a net margin of 10.99%.The company had revenue of $4.66 billion for the quarter, compared to analyst estimates of $4.64 billion. During the same period last year, the company earned $9.87 earnings per share. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be given a dividend of $2.26 per share. This represents a $9.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, November 10th. W.W. Grainger’s payout ratio is 25.35%.

Analyst Ratings Changes

GWW has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price target on W.W. Grainger from $1,035.00 to $1,050.00 and gave the stock a “neutral” rating in a report on Wednesday, October 15th. Sanford C. Bernstein assumed coverage on W.W. Grainger in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $975.00 target price on the stock. Loop Capital cut their target price on W.W. Grainger from $1,000.00 to $950.00 and set a “hold” rating on the stock in a research note on Monday, August 4th. Royal Bank Of Canada upped their price target on shares of W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research report on Monday, November 3rd. Finally, Barclays increased their price objective on shares of W.W. Grainger from $963.00 to $975.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, W.W. Grainger has a consensus rating of “Reduce” and a consensus price target of $1,018.00.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.